Cornerstone Sport LLP
About Cornerstone Sport LLP
Data last updated:
Cornerstone Sport LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 28 February 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-1335. Its GSTIN is 27AANFB6442N1ZX (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Jogesh Suresh Lulla and Uday Singh Gauri.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at H – 1 Heliopolis 157 A Colaba Road, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹22.48 Cr, a decline of 26% compared to the previous year. For the same year it recorded EBITDA of ₹11.89 Cr (EBITDA margin 52.9%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 40% over five years.
The LLP has about 4 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: One8.
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- Registered AddressH – 1 Heliopolis 157 A Colaba Road, Mumbai, Maharashtra, India – 400005
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Competitors & Alternatives of Cornerstone Sport LLP
Brands and companies operating in the same space as Cornerstone Sport LLP include BlissClub, Gokyo, Hrx and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 BlissClub | Sportswear for women is offered by an internet-first brand. | Bengaluru, India | 2020 |
 Gokyo | Outdoor clothing and gear for trekking and travel are provided. | Mumbai, India | 2020 |
 Hrx | Internet first brand of fashion apparel wears for men and women | Mumbai, India | 2013 |
 Terractive | Designer and retailer of comfortable, versatile sportswear | Mumbai, India | 2023 |
 Alcis Sports | Sportswear, gym apparel, and accessories are supplied for active pursuits. | Noida, India | 2015 |
 Zymrat | Sportswear for men and women is offered via online platform. | Bengaluru, India | 2018 |
 Yogue Activewear | Specializes in online private label yoga apparel for fitness enthusiasts. | Delhi, India | 2015 |
 OFFLIMITS | Internet first brand offering sportswear for men and women | Faridabad, India | 2018 |
Designated Partners of Cornerstone Sport LLP
Cornerstone Sport has 3 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jogesh Suresh Lulla Also directs: Catapult EV Solutions LLP | Designated Partner | 28 Feb 2014 | 12 Years 7 Months | Current |
| Uday Singh Gauri | Designated Partner | 31 Oct 2022 | 3 Years 11 Months | Current |
| Amit Arun Sajdeh Also directs: Virat Kohli Sports LLP, Magpie Venture Partners LLP, Cornerstone Intellectual Properties LLP and 5 more | Designated Partner | 28 Feb 2014 | 12 Years 7 Months | Current |
Financials of Cornerstone Sport LLP FY 2025 filings available
Cornerstone Sport LLP reported revenue of ₹22.48 Cr (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Cornerstone Sport LLP
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Cornerstone Sport LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cornerstone Sport LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Cornerstone Sport are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cornerstone Sport LLP
Cornerstone Sport LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cornerstone Sport LLP
Employment history and EPFO contributions of people linked to Cornerstone Sport.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Cornerstone Sport LLP
Cornerstone Sport has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANFB6442N1ZX | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Cornerstone Sport LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cornerstone Sport LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cornerstone Sport LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cornerstone Sport LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Cornerstone Sport LLP
Frequently Asked Questions about Cornerstone Sport LLP
Cornerstone Sport is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 28 February 2014 (12+ years old) and is registered under LLPIN AAC-1335.
Cornerstone Sport reported revenue of ₹22.48 Cr for FY 2023 (down 26% YoY).
Cornerstone Sport has 3 current designated partners:
- Jogesh Suresh Lulla - Designated Partner
- Uday Singh Gauri - Designated Partner
- Amit Arun Sajdeh - Designated Partner
Cornerstone Sport reported EBITDA of ₹11.89 Cr (EBITDA margin 52.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cornerstone Sport is 75% over three years and 40% over five years. In the latest year (FY 2023) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cornerstone Sport is 27AANFB6442N1ZX, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Cornerstone Sport is AAC-1335. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Cornerstone Sport was incorporated on 28 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Cornerstone Sport is at H – 1 Heliopolis 157 A Colaba Road, Mumbai, Maharashtra, India – 400005.